Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
cypherdoc
on 28/06/2012, 02:47:36 UTC

Maybe you forgot that I don't advocate trading in traditional markets for that reason. As soon as a breakout begins, the weight of the entire financial system is brought to bear on real assets. Financial paper "assets" drown perceived value until we arrive at sentiment like there is now. Last September, gold related assets were a reasonable bargain. Now, they're being thrown away.

The paper depiction of value in regard to real assets does not describe their actual worth. You might as well tell me that a 70kg adult male only needs 1ml of water and 5g of rice per day. Try to do that in reality and he'll die within a fortnight. Dumping gold and related shares at current valuation is like giving away Bentleys because you don't like the style.

Keep playing the paper game. You can move your legs as fast as you can, and it might een seem like you're getting somewhere, but you're still standing in quicksand.

there you go again.  "the price is not real."  then what is real?  what's the true price right now?

i keep offering you 22 oz at a bargain price of $2800 each which is a bargain if you truly believe they are going to $35,000 each.  why won't you take me up on them?  take out a loan.